ELI5 Cryptocurrency, cryptography, software development and information security. Our latest featured cryptocurrency knowledge base articles including basic concepts, software development, technical articles, easy to follow ELI5 introductions to technical concepts and much more!
ELI5 Ripple Cryptocurrency (XRP)
Ripple in a Nutshell
Ripple is not a traditional cryptocurrency per se, but a protocol for B2B transactions called RippleNet.
Banks can deploy a standard Ripple ledger and s...
ELI5 How iPayYou.io works
iPayYou.io is an Amazon.com gift-card-for-cryptocurrency trading service.
Currently, iPayYou will buy your gift cards at a fixed rate and pay back in cryptocurrency.
DIMCoin is Dead [Long live DIMCoin?]
In November 2020 several users on the Telegram group note that the August announcement about the substitution of HYBSE for ZEROTRADE has not happened as planned. A...
Why the “fast” Ethereum sync is so slow
Why is the geth sync so slow?
I keep hearing this question again and again from Ethereum node operators. Why is it still so difficult to fully sync an Ethereum full node?
ELI5 Bitcoin Puzzle Transactions
As the name implies, Bitcoin puzzle transactions are created as a challenge and not for the usual purpose of monetary transfer. Puzzles can be published for several reasons, including software test bounties, marketing campaigns or just for fun. Early Puzzles In the early days of Bitcoin, when $BTC coins could be found for free on […]
256 Bit Integer commented uint256.cpp from Bitcoin Core source code
If you’ve developed systems in C or C++ before then you’re probably familiar with the stdint.h (cstdint for C++) typedefs. Since there’a lot of variation between platforms, stdint.h standardizes integer type names in an intuitive way. A uint8_t is an 8-bit unsigned integer and a uint64_t is a 64 bit unsigned integer. What you won’t […]
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a consensus mechanism which aims to combine the best features of previously existing protocols. If you’ve tried to understand the Avalanche consensus protocol paper, then you may have stalled when you ran into technical terms like metastability, Byzantine adversaries, leaderless Byzantine fault tolerance, among others. Here I’ll try to summarize, in very simple […]
Concepts In This Page
Avalanche is a consensus protocol introduced by Rocket Team in 2018.
It is an entirely new consensus protocol which builds upon classic consensus and Nakamoto consensus.
AVAX is the cryptocurrency released in 2020 by Ava Labs.
The AVAX cryptocurrency is used for all transactions in the Avalanche network.
Validation is the process by which AVAX transactions get verified by the P2P network. Similarly to what happens in PoS coin staking, validation generates returns for both stakers and validators.
Articles related to banking, banking protocols and related topics.
Ripple is the name of the company which develops RippleNet and the XRP cryptocurrency. The name has come to mean XRP for all practical purposes.
An inter-banking protocol developed by Ripple for the RippleNet ecosystem. Ripple Protocol may use XRP or any other currency in operation.
Ticker symbol for the native RippleNet cryptocurrency developed by Ripple
Bitcoin Improvement Proposals entry #174 establishes the Partially Signed Bitcoin Transaction Format
Bitcoin is the world's first viable decentralized cryptocurrency. It was released on January 2009 by Satoshi Nakamoto.
Acronym for Partially Signed Bitcoin Transaction